Determine the price of computers in a free market

Assignment Help Microeconomics
Reference no: EM13490 , Length: 11

Examine the factors that determine the price of computers in a free market. In recent years, the price of personal computers has continued to fall even in the face of increasing demand. Analyse with the aid of a diagram how this has occurred.

Introduction

  • Causes of Price Decrease

Demand Scenario

  • Effect of Substitutes
  • Income
  • Population
  • Future Expectations

Supply Scenario

  • Decrease in the Cost of Production
  • Advancement in the Technology
  • Efficient Distribution Channel

Conclusion

References

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

Referencing method - Harvard referencing method

Reference no: EM13490

Questions Cloud

Theory of interest - term structure of interest rates : Term Structure of Interest Rates
Investigate the concept and process of marketing : Investigate the concept and process of marketing. Be able to use the concepts of segmentation, targeting and positioning.
Draw a relay construction diagram : Draw a relay construction diagram and briefly explain the operation of a relay.
Foreign direct investment in the automobile industry : Prepare rearch on "Impact of political economy on inward foreign direct investment in the automobile industry".
Determine the price of computers in a free market : Examine the factors that determine the price of computers in a free market.
Case study:saving sony : You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.
Genital and reproductive function : This assignment describe the Genital and Reproductive Function.
Research proposal:cargills ceylon plc : Why Cargills internal information attacked increased and how to minimize it by countermeasure ?
Design of absorption column and the cooler : Design of absorption column and the cooler. Process design of other units should be completed along with pipe sizes.

Reviews

Write a Review

Microeconomics Questions & Answers

  Practical problems in price theory

The problem in economics in price theory deals with deriving maximum marginal utility and marginal rate of substitution.

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  What is the marginal rate of transformation

What is the Marginal Rate of Transformation between sugar and tea?

  Find total revenue

Find Total Revenue or profit

  Evolution of the price of gold and silver

This document shows the uses supply and demand model to explain the evolution of the price of gold and silver.

  Turning to a market economy

Developing countries in the "Global South" turned to socialism in the past as a means to solve their economic problems.

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd